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118-124 S El Camino Real
San Clemente, CA 92672

TROPHY COASTAL MIXED-USE ASSET · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,913 SF
Building Class
C
Year Built
1929
Percent Leased
88%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.77
Lot Size
0.18 AC
Zoning
C1
Parking
13 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
84 ft on S El Camino Real

About 118-124 S El Camino Real , San Clemente, CA 92672

TROPHY COASTAL MIXED-USE ASSET IRREPLACEABLE SOUTHERN CALIFORNIA LOCATION + Generational Investment Opportunity Ability to acquire of the Orange County' s most strategically located infill assets in the heart of downtown San Clemente, a premier coastal retail trade area. + Pride of Ownership Asset The current ownership has invested significant capital improvements into the Pacific Building to restore and maintain its best of class , high-image appearance. EXCELLENT REAL ESTATE FUNDAMENTALS + High Barriers to Entry Supply Constrained, densely populated, coastal trade area with limited sites available for future development, creating high barriers to entry and ensuring the Pacific Building' s long term value-add and growth. + Ground Zero Retail Location Located at the intersection of Avenida Del and El Camino Real, the immediate area offers a unique selection of dining, shopping, services and retailers. + Internet Resistant Retail Tenancy Over 72% of the existing retail tenancy are restaurants, or other food oriented retailers, generating high frequency foot traffic and resistance to internet competition. IDEAL 1031 EXCHANGE REPLACEMENT PROPERTY + Flexible Financing Structure Buyer can either assume the attractive existing financing (3.50% +/- interest rate) or the property can be delivered free and clear of existing debt allowing a cash close.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
058-082-22
Land Assessment
£3,691,544
Improvements Assessment
£2,433,985
Total Assessment
£6,125,529
  • Listing ID: 6539126

  • Date on Market: 30/03/2017

  • Last Updated:

  • Address: 118-124 S El Camino Real, San Clemente, CA 92672

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